Wednesday, December 15, 2010

I guess this makes me a republican, then

We are all ready to make neighbor gifts this weekend!  And most of the Christmas shopping is done!  Geoff is still sick, but says he feels better... as he lays on the couch in silence... uh huh yeah...

No new adventures today; the drugged up guys (there are actually two- they are twins) didn't even come down the street today.

BUT, I learned that 37 of the 50 states are on the chopping block for insolvent unemployment compensation funds.  Meaning, if they don't pay back their federal loans within the next year, the FUTA  tax rate will go up (called a credit reduction).  Michigan was the first, with their credit reduction starting last year; this year Indiana and South Carolina join it.  NEXT year, wow I just can't believe it.  Whoever is doing my job at work will be having their hands full with all of those states!  (Assuming that none of them pay their loans back, which some still may.)  It got me thinking a little; people who are against business tax cuts have got their heads in the clouds.  They may think it's better to take money from the soulless corporations and give it to the people, but businesses are what supply the jobs that everyone wants so badly!  And they've got everything going against them with this crappy economy - sales/revenues are down, taxes are going up... as a result they have to lay people off or go out of business.

There will always be people at the top of some ladders who are corrupt and embezzle or give themselves huge, undeserved bonuses.  And it's not fair.  But that is going to happen in a good economy or a crappy economy, take your pick.  Better to let and get businesses to thrive and increase the workforce anyway.

The times we live in.  There's just not enough money to go around.  I should consider myself so lucky to be doing okay.

1 comment:

Sarah said...

Welcome to the fold.